Crypto-Focused Super PACs Prepare For Midterm Elections, Building $260 Millio...
Following a successful showing in 2024 US elections, the cryptocurrency industry is significantly increasing its political spending in preparation for the 2026 midterms. A number of super political action committees (PACs) focused on crypto are pooling together a major $263 million war chest, according to Bloomberg. Fairshake Leads With $141 Million The legislative victories with […]
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested in discussing crypto” when his approval ratings have sunk to record lows. O’Leary also cited other factors, including double-digit inflation and high food and gas prices.
Kevin O’Leary on Crypto Regulation, Biden’s Policy
Shark Tank star Kevin O’Leary talked about bitcoin and cryptocurrency regulation in an interview with Stansberry Research,....
Bitcoin accumulation during the 2022 bear market looks stronger than in 2018 but macro headwinds could spoil the party this time around. While Bitcoin (BTC) investors may not consider the U.S. midterm elections as a significant event, an eerie fractal from 2018 may provide a clue to what could happen before the year ends.Bitcoin to hit $12K–$14K after midterms?Comparing Bitcoin's price actions prior to the midterm elections of 2018 with those of 2022 shows a strikingly similar bear market trend. For instance, BTC price trended lower in 2018 while holding a horizontal level near $6,000 as....
The Bitcoin and crypto market is kicking off what could be an extremely important week. While the market is currently overwhelmed by the news surrounding the battle between Binance CEO Changpeng Zhao (“CZ”) and FTX CEO Sam Bankman-Fried (“SBF”), the midterm elections and the release of the CPI data in the US are two major events that could be of crucial importance for the market. As Bitcoinist reports, CZ had announced on Sunday that Binance will sell all of its FTT tokens after a report surfaced that FTX’s books are in trouble. Even though FTX and Alameda have denied the rumors, a....
Kraken has pledged to donate $2 million to two pro-crypto political action committees (PACs) to continue supporting the fight for the “core rights” of individuals and protect privacy and innovation in the US. Related Reading: SEC Eyes More Crypto Clarity: ‘Innovation Exemption’ Could Come By Year-End – Chair Atkins Kraken Commits $2M For Crypto Rights […]
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets. Crypto billionaire and FTX founder Sam Bankman-Fried have admitted to being a "significant donor" to both sides of the political spectrum ahead of the 2022 midterm elections.Days ahead of the U.S. midterm elections on Nov. 8, SBF told his Twitter followers that he has given contributions to electoral campaigns on both sides of the fence.The crypto billionaire said that he has been “supporting constructive candidates across the aisle to prevent....